LIVE MARKETS-U.S. stocks climb as Nvidia breaks the $4 trillion mark

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U.S. STOCKS CLIMB AS NVIDIA BREAKS THE $4 TRILLION MARK

U.S. stocks are higher in the early stages of trading as investors once again looked through recent tariff turbulence, with gains in Nvidia NVDA.O propelling the chipmaker to become the first company with a $4 trillion valuation.

Nvidia shares are up more than 2% as the company continued to be among the leaders in the AI race, in which optimism around the developing technology has helped buttress equities against sustained selloffs and boosted the S&P 500 .SPX and Nasdaq Composite .IXIC to record levels.

With another light session for economic data on the docket, investors will eye the Treasury auction of $39 billion in 10-year notes US10YT=RR for signs of demand for longer-dated debt .

Among S&P 500 sectors, communication services .SPLRCL is the leading gainer, boosted by gains in fellow AI participants Meta Platforms META.O and Alphabet GOOGL.O, while energy .SPNY and staples .SPLRCS are among the laggards.

Below is your market snapshot:

(Chuck Mikolajczak)

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